Malaysia's Datasonic Group Bhd could secure contract flows because it features among front-runners for the country's National Integrated Immigration System (NIISe), RHB Research said.Those national security, border-related and digitalisation solutions contract are lucrative and could be rolled out this month, RHB Research added, reported the New Straits Times.Datasonic recently bagged a RM7.3 million ($1.7 million) contract from the Home Affairs Ministry for an additional scope of spare parts replacements at nationwide card personalisation centres.This was an addition to the existing RM28..8 million contract for maintenance services of 56 card personalisation centres at the National Registration Department in June 2019.RHB Research said Datasonic's financial year 2021 to 2020 earnings could potentially rise by up to 2.5 per cent, propelled by higher contributions from its maintenance contract.
Recent Articles
- Bumble data leaked to dark web site
- Vietnam grasps cybersecurity directive, Philippines drops ID verification plans
- UIDAI launches Aadhaar app, enables digital ID storage in Google Wallet
- De La Rue’s strategic Canadian deal to finally win British passports tender
- Meet with Goldman Sachs, Huawei, the European Commission, The World Bank and more!
Recent Video
- New non-profit trade association of HAND will standardise global talent ID
- No cards, no phones: J.P. Morgan’s biometric revolution in payments
- Anthony Vidiano on building the future of access management
- Charisma Check wins 2025 Start-Up Pitching Competition, advancing identity verification and background checks for dating app users
- How to protect one billion Amazon customers: Lessons from continuous risk assessments
